New customers boost profits for B&M as Leahy prepares to step down
New customers have driven Liverpool-headquartered B&M European’s like-for-like half year revenue up by nearly 22% to £1.35bn as its chairman of five years standing Sir Terry Leahy announced his decision to step down next spring.
Meanwhile, profit before tax increased by 17.8% to £86.8m in the six months to September 23.
There were 20 new B&M UK store openings including three relocations and the company ison track to open gross 50 new B&M stores this financial year.
Its German business Jawoll, opened seven new ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
